Ebay Upgraded to Buy at UBS - September 15, 2009

September 15, 2009 - eBay Inc. (EBAY) is set to open in the $24's today as UBS has come out and Upgraded the stock with a Buy rating.


Price Target - $28

UBS upgrades eBay and thinks Marketplace transaction growth is "turning the corner." The firm also believes the secondary market represents a long-term opportunity for the company.

Looking at the chart, there is really no major resistance until the $26-$27 range

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